Bookbuilding IPO | ₹105 Cr | Listed at BSE, NSE | Wed, Sep 22, 2010 - Mon, Sep 27, 2010
Cantabil Retail IPO is a book build issue of ₹105.00 crores. The issue is entirely a fresh issue of 0.78 crore shares of ₹105.00 crore.
Cantabil Retail IPO bidding started from Sep 22, 2010 and ended on Sep 27, 2010. The shares got listed on BSE, NSE on Oct 12, 2010.
Cantabil Retail IPO price band is set at ₹135 per share. The lot size for an application is 50. The minimum amount of investment required by an retail is ₹6,750 (50 shares) (based on upper price). The lot size investment for sNII is 30 lots (1,500 shares), amounting to ₹2,02,500, and for bNII, it is 149 lots (7,450 shares), amounting to ₹10,05,750.
SPA Capital Advisors Ltd. is the book running lead manager and Beetal Financial & Computer Services Pvt.Ltd. is the registrar of the issue.
Refer to Cantabil Retail IPO RHP for detailed Information.
IPO Open
Wed, Sep 22, 2010
IPO Close
Mon, Sep 27, 2010
Issue Price
₹135 per share
Market Cap (Pre-IPO)
₹220.42 Cr
| IPO Date | 22 to 27 Sep, 2010 |
| Listed on | Tue, Oct 12, 2010 |
| Face Value | ₹10 per share |
| Price Band | ₹127 to ₹135 |
| Issue Price | ₹135 per share |
| Lot Size | 50 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 77,77,778 shares (agg. up to ₹105 Cr) |
| Fresh Issue | 77,77,778 shares (agg. up to ₹105 Cr) |
| Share Holding Pre Issue | 85,49,830 shares |
| Share Holding Post Issue | 1,63,27,608 shares |
| BSE Script Code / NSE Symbol | 533267 / CANTABIL |
| ISIN | INE068L01016 |
Cantabil Retail IPO comprises a total issue size of 77,77,778 shares. Out of which, 38,88,889 (50.00%) are allocated to QIB, 11,66,667 (15.00%) allocated to NII 27,22,222 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 38,88,889 | 50.00% | NA |
| NII (HNI) Shares Offered | 11,66,667 | 15.00% | NA |
| Retail Shares Offered | 27,22,222 | 35.00% | 54,444 |
| Total Shares Offered | 77,77,778 | 100.00% |
Investors can bid for a minimum of 50 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹6,750 |
| Retail (Max) | 29 | 1,450 | ₹1,95,750 |
| S-HNI (Min) | 30 | 1,500 | ₹2,02,500 |
| S-HNI (Max) | 148 | 7,400 | ₹9,99,000 |
| B-HNI (Min) | 149 | 7,450 | ₹10,05,750 |
Incorporated in 2000, Cantabil Retail India Ltd is in the business of designing, manufacturing, branding and retailing of apparels under the brand names of "CANTABIL" and "La FANSO". They have a network of 381 exclusive retail outlets spread across India.
The "CANTABIL" brand with 206 exclusive retail outlets offers the complete range of formalwear, party-wear, casuals & ultracasual clothing for Men, Women and Kids in the middle to high income group. The "La FANSO" brand caters to men's segment in lower to middle income group and focuses on casual, ultra casual and formal wear. They also retail various accessories like ties, belts, socks, caps and handkerchief under their brands.
They have 3 in-house manufacturing / finishing units and 4 warehouses located in Delhi. They also have 3 third party dedicated units manufacturing. Cantabil Retail's stores are situated at Delhi, Mumbai, Calcutta, Bangalore, Hyderabad, Pune, Jaipur, Ahemdabad, Vadodra, Lucknow, Kanpur, Patna, Ranchi, Dehradun, Meerut, Ludhiana, Jalandhar, Udaipur, Agra, Ghaziabad and Gurgaon etc.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Establishment of new integrated manufacturing facility | 32.03 |
| 2 | Expansion of Exclusive Brand Outlets | 24.98 |
| 3 | Additional Working Capital | 30.00 |
| 4 | Repayment of Debt | 20.00 |
| 5 | General Corporate Purposes | |
| 6 | Expenses for the Issue |
| KPI | |
|---|---|
| RoNW | 49.66% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 99.99% | |
| Market Cap | ₹220.42 Cr. |
The Cantabil IPO is subscribed 2.35 times on September 27, 2010 7:00:00 PM (Day 4). The public issue subscribed 2.63 times in the retail category, 1.71 times in the QIB category, and 3.83 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 1.71 | 41,33,858 | |
| NII | 3.83 | 12,40,157 | |
| Retail | 2.63 | 28,93,701 | |
| Total | 2.35 | 82,67,716 |
ICRA has assigned an IPO Grade 2 to Cantabil Retail India Ltd IPO. This means as per ICRA company has 'Below Average Fundamentals'. ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the ICRA IPO Grading Document for Cantabil Retail India Ltd.
Cantabil Retail India IPO, Cantabil Retail IPO, Cantabil IPO Bidding, Cantabil Retail IPO Allotment Status, Cantabil Retail drhp and Cantabil Retail India Ltd IPO listing.
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹135.00 | ₹135.00 |
| Open | ₹133.80 | ₹114.70 |
| Low | ₹102.10 | ₹101.10 |
| High | ₹133.80 | ₹125.90 |
| Last Trade | ₹104.75 | ₹105.00 |
Beetal Financial & Computer Services Pvt.Ltd.
Lead Manager Reports
Cantabil Retail IPO is a main-board IPO of 77,77,778 equity shares of the face value of ₹10 aggregating up to ₹105 Crores. The issue is priced at ₹135 per share. The minimum order quantity is 50.
The IPO opens on Wed, Sep 22, 2010, and closes on Mon, Sep 27, 2010.
Beetal Financial & Computer Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Cantabil Retail IPO using UPI as a payment gateway. Zerodha customers can apply in Cantabil Retail IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Cantabil Retail IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Cantabil Retail IPO opens on Wed, Sep 22, 2010 and closes on Mon, Sep 27, 2010.
Cantabil Retail IPO lot size is 50, and the minimum amount required for application is ₹6,750.
You can apply in Cantabil Retail IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Cantabil Retail IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Cantabil Retail IPO allotment status.
The Cantabil Retail IPO listing date is on Tue, Oct 12, 2010.
